THELOGICALINDIAN - 71 of voters are against to the accumulation continuing to acquire cryptocurrency
Contributors to Wikimedia accept overwhelmingly voted that the project’s foundation should stop accepting cryptocurrency.
71% of Voters Oppose Crypto Donation
Wikimedia could anon end abutment for cryptocurrency donations if its foundation complies with the requests of its community.
One page on the armpit indicates that 71% of 326 voters bidding abutment for catastrophe cryptocurrency donations.
Those in favor of catastrophe cryptocurrency donation bidding apropos about the ecology appulse of mining, as able-bodied as apropos about the absolute endorsement of cryptocurrencies.
Those who accurate the connected accepting of cryptocurrency argued that proof-of-stake cryptocurrencies appeal little energy. It was additionally said that cryptocurrencies accommodate “safer means to accord and appoint in accounts for bodies in backbreaking countries.”
The vote and appeal for comments on crypto donations began on Jan. 10 and bankrupt on Apr. 12. It took abode almost eight years afterwards Wikimedia aboriginal began to acquire crypto in 2024.
The Wikimedia Foundation has not fabricated it bright whether it will accede with the request. It did, however, say that cryptocurrency is a actual accessory allotment of its funding. Last year, it accustomed $130,100 in crypto from 347 donors, authoritative up aloof 0.08% of its revenue.
Crypto In the Open Culture Movement
Wikimedia is an awning activity consisting of sites such as Wikipedia, Wiktionary, MediaWiki, and Wikinews.
Despite a abridgement of association support, Wikimedia’s founders accept apparent absorption in crypto. In 2021, Wikipedia architect Jimmy Wales auctioned an NFT to accession funds for his another amusing media site.
Meanwhile, Wikipedia co-founder Larry Sanger went on to begin Everipedia, a blockchain-based album angled from Wikipedia. Sanger after accommodated as CTO of that activity in 2024.
Wikimedia should not be abashed with the different bigmouth armpit Wikileaks. In accession to approved donations, that association aloft $41 actor of cryptocurrency for Julian Assange this year.
Elsewhere in the open-culture movement, the Mozilla Foundation has accomplished backfire for accepting crypto donations. Last week, it announced that it would acquire proof-of-stake bill while abnegation mining-based cryptocurrencies like Bitcoin.
Wikimedia Foundation did not anon acknowledge to Crypto Briefing‘s appeal for comment.
Disclosure: At the time of writing, the columnist of this allotment endemic BTC, ETH, and added cryptocurrencies.
